Wal Mart The Key Elements And Problems That Occurred...

The key elements/problems that occurred within the Wal-Mart case studies consist of the following features: The companies’ lack of ability to construct a balance between the executive officials and those with a direct interest or stock in the company. These unbalances between these created issues within the business sector. â€Å"The obvious problems associated with the companies policies of poor management involve taking care of their employees, suppliers, the environment, and the economic dynamics of the community (Ferrell, O., Fraedrich, J., Ferrell, L. (2011).† In the companies lack of management these strategic efforts did not pay off. Their approaches for success were tarnished due to the company’s unethical policies and procedures. For example, the right of the woman was a form of stiff discrimination, social activists rights were ignored as well. When accessing these methods one would have to examine the labor unions, belief’s that Wal-Mart would not comply to providing their consumers with lower prices. â€Å"This approach was an error on behalf the previous CEO Jim Weir (Ferrell, O., Fraedrich, J., Ferrell, L. (2011)†. This plan was a wrong decision that would later become the start of the meltdown with the company. Some of the other issues surrounding these mishaps involved ensuring the product to different global regions around the world, which caused a chain reaction with the companies’ efforts of expansion. Therefore, these executive managers’ strategies for dataShow MoreRelatedTeaching Notes Robert Grant - Strategy 4th Edition51665 Words   |  207 Pages Introduction 3 1 Madonna 21 2 Laura Ashley Holdings plc: The Battle for Survival 26 3 The US Airline Industry in 2002 33 4 DaimlerChrysler and the World Automobile Industry 41 5 Wal-Mart Stores Inc., May 2002 49 6 Eastman Kodak: Meeting the Digital Challenge 62 7 Organizational Restructuring within the Royal Dutch/Shell Group 70 8 Harley-Davidson, Inc., January 2001 77 9 Online Broking Strategies: Merrill Lynch, Charles Schwab and E*Trade 83 10 11 12 Emi and the CT Scanner [A] [B]Read MoreGlobal Business Environment - Case Study: Carrefour5517 Words   |  23 Pages8 Opportunities 8 Threats 9 III. External business environment: Key challenges and implications 10 Political and legal 10 Economic and Financial 11 Social, cultural, and Environmental 11 Technological 12 IV. 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Ratul Kumar Sarkar Proposal on assignment in Business Ethics 2 messages Ratul Kumar Sarkar To: sanjana_tta@iimcal.ac.in Cc: ranjanm@iimcal.ac.in Name: Ratul Kumar Sarkar Reg No: 4033/19 Section: B Project type: Individual Project Title: Ethics in Retail Industry Scope: As a cornerstone of any organization